Shares of Boardwalk Pipeline Partners, (NYSE:BWP) saw a significant growth in short interest during the month of January. As of February 28th, there was short interest totalling 2,881,501 shares, a growth of 50.6% from the February 14th total of 1,913,980 shares, Analyst RN reports. Currently, 1.2% of the company’s shares are short sold. Based on an average daily volume of 2,622,264 shares, the days-to-cover ratio is currently 1.1 days. Boardwalk Pipeline Partners, LP (NYSE:BWP) shares after opening at $12.42 moved to $12.98 on last trade day and at the end of the day closed at $12.79.Company price to sales ratio in past twelve months was calculated as 2.58 and price to cash ratio as 109.14. Boardwalk Pipeline Partners, LP (NYSE:BWP) showed a positive weekly performance of 1.43%.
Synthesis Energy Systems, Inc. (NASDAQ:SYMX) formed a joint-venture with Zhangjiagang Chemical Machinery in order to take a leading position in China in clean coal gasification. Under the deal, Zhangjiagang will infuse $16.5 million capital to acquire 65% stake in the venture, while Symx will contribute through allowing the exclusive use of its gasification technology in China as well as other emerging Asian markets, while retaining a share of 35%. However, lower gross profit margins of Synthesis Energy Systems, Inc. (NASDAQ:SYMX) have prompted the analysts to put a Sell rating to it for now. Synthesis Energy Systems, Inc. (NASDAQ:SYMX) shares advanced 14.45% in last trading session and ended the day on $1.98. SYMX return on equity ratio is recorded as -21.50% and its return on assets is -18.70%. Synthesis Energy Systems, Inc. (NASDAQ:SYMX) yearly performance is 92.23%.
Global Geophysical Services, Inc. (NYSE:GGS) announced preliminary unaudited financial results for the fourth quarter and full year ended December 31, 2013. Global Geophysical Services, Inc. (NYSE:GGS) shares moved up 24.65% in last trading session and was closed at $0.573, while trading in range of $0.49-$0.65. Global Geophysical Services, Inc. (NYSE:GGS) year to date performance is -64.38%.
The Emerald Oil Inc (NYSEMKT:EOX) on Mar. 18 announced the pricing of its private offering of $140 million in aggregate principal amount of Convertible Senior Notes due 2019 (the “Convertible Notes”). The offering is expected to close on March 24, 2014, subject to the satisfaction of customary closing conditions. The Company also granted to the initial purchasers a 30-day option to purchase up to an additional $32.5 million in aggregate principal amount of the Convertible Notes. The Convertible Notes will pay interest semiannually at a rate of 2.0% per annum and will be convertible into shares of the Company’s common stock. Emerald Oil Inc (NYSEMKT:EOX) weekly performance is -15.56%. On last trading day company shares ended up $6.46. Emerald Oil Inc (NYSEMKT:EOX) distance from 50-day simple moving average is -13.59%. Analysts mean target price for the company is $10.44.